22.1.08

Life after Google

What would you do if you were flush with millions? That's the multimillion-dollar question for hundreds of early Googlers.

More than 900 employees became instant millionaires when Google went public in August 2004, and that total has likely ballooned along with the stock price. According to the company's most recent securities-filing, Google employees held 11,662,917 outstanding stock options as of September 30, 2007.

At the current stock-price, those shares would carry a potential value of about $4.48 billion for employees.

Google co-founder Larry Page's stock holdings are worth about $18.85 billion and Sergey Brin's, $18.51 billion, according to analysis from executive compensation firm Equilar. But as those bank accounts have filled up, many have left.

Another crop of Xooglers (as one alumni site calls them) are emerging as Silicon Valley's newest entrepreneurs, angel investors, and venture capitalists.

The micro-messaging service Twitter, for example, was co-founded by an ex-Googler. It has also raised money from other former employees at Google.

What's unique about Google is the vastness of the wealth it has created in such a short time and the impact that money could have in coming years.

CNET interviewed several former Googlers, ranging from the masseuse who struck it big to several entrepreneurs who are trying to prove their talent.

Via CNET

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